Oireachtas Joint and Select Committees
Wednesday, 9 July 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Collapse of Setanta Insurance: Central Bank and Department of Finance
3:20 pm
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
If it goes to court and there is an award of €100,000 against an individual in terms of compensation, which an insurance company would meet 100%, given what Mr. Casey said earlier, the fund will only cover €65,000 and the individual will have to make up the shortfall of €35,000.
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